Ask The Get Out of Debt Experts

Ashlee “Dear Steve, I was laid off in March 2009. I’ve been collecting unemployment and haven’t found a new job yet. I built up a large emergency fund so I’m alright until 2011 if needed (covering my mortgage, bills etc). I have a car loan and I owe around $4000 on it, however; I have the money sitting in that ... Read More »

“Dear Steve, I am currently 4 months behind on my mortgage and my heloc. I have worked out a modification with my primary lender that I can live with, and I continue to work out a settlement offer with my heloc throuogh chase bank. what would happen if I just paid my first mortgage ? could the heloc bank attach ... Read More »

Julie “Dear Steve, I have a failed business and am looking to bankrupcy to receive discharge from SBA personal guarantees and from personal credit card debt used in the business. My husband’s income puts us over the median in our state, I have already been advised by a lawyer that for this reason I will have to file Chp. 13 ... Read More »

Aleah “Dear Steve, I am currently in debt of an estimated $7-8,000. (this is including late fees and interest accrued) Its all about 5-6 years old. It is in collections and only one of the collectors still calls me and I don’t receive mail from that one anymore. I also have not received mail from the others in years. I ... Read More »

Tenisha “Dear Steve, I graduated from a school which stated they were accredited and I find out 3 years later that it wasn’t accredited and has been closed down. For loans, I know that I our roughly $40,000. Another school has taking over, but they claim that my credits can be transfered. I need to know what should I do ... Read More »

Kris “Dear Steve, I am a 69 yr old state of ohio retiree. My home foreclosed, also a timeshare that I had to let go. I could no longer afford to pay the mortgages on either . My retirement check is auto. deposited into my checking account monthly. Steve, I would like to know if the mortgage companies can put ... Read More »

Worried in Ontario “Hi Steve, My wife and I have run up a debt of around $54,000 in credit cards and lines of credit due to medical problems. We haven’t as yet missed a payment on any of our cards and lines but….know that there is no way we will ever be able to repay this debt. We are planning ... Read More »

Blake “Dear Steve, mortgage: $193,000 ($1556.40 payment) Car: $25,000 ($600.00 payment) Combined Credit Card and Bank Credit Line: $18,600.00 Salary: $75,000 I am only 29 (30 in December) and am having a hard time resisting the urge to take out the $15,000 dollars in my rollover IRA (401k from previous employer) to pay off the majority of my CC and ... Read More »

Loretta “Dear Steve, Am about $50,000 in credit card debt. To date I have made payments (Help of my son) but it is getting harder. Was considering a debt management but would like a name of a good honest one. Chase bank did work out a repay plan but Bank of America will not. Sent me to their cccs and ... Read More »

Wayne “Dear Steve, Over the past six months or so we have gotten behind on an HSBC account. With each letter we received from HSBC and now a debt collection company we have explained our financial situation and asked for a lower payment we canmake. Each letter (the first two were sent with delivery confirmation and the second two were ... Read More »

Todd “Dear Steve, I have a mass amount of credit card debt due to a big drop in income over the last 2 years. I was working in the mortgage/lending industry for 10 years making a six figure income. That industry has suffered tremendously over the last 2 years. I was out of work for almost a total of a ... Read More »

Emma “Dear Steve, I was financially reckless as a college student, incurring approximately $22,000 in various credit card debt that I ignored throughout graduate school & post-graduate training. Well, now I’m all done and I make a lovely, lucrative salary. I want to buy a house. My credit score is in the low 500s. I can afford to pay off ... Read More »

Victoria “Dear Steve, I co-signed a loan through a credit card company for a friend to open a business. I have already renegotiated the rate down to 4%. I did it in my friend’s name. She has other debts related to the business and wants to go bankrupt. I do not want my credit affected by bankruptcy. Should I put ... Read More »

Kevin and I met through Twitter and we made arrangements to meet up on my travels around the country. I’m @GetOutOfDebtGuy on Twitter. On August 1, 2009 I had the pleasure of meeting Kevin, sitting down in a local coffee shop and talk about his debt. He was kind enough to share what it was like for him in hopes ... Read More »

Scott “Dear Steve, I make good income (130,000.00/yr) but have three kids and several credit cards from before my pay went up. we have approx 40,000 in debt and the payment are starting to get more difficult. We are still making all of our payments How can I consulidate all this debt to one payment and pay off quicker? Scott” ... Read More »

More Available Help

Recent Comments

Read More Comments

The Amazing How to Get Out of Debt Calculator

In a matter of minutes this one single online calculator will demonstrate your different debt relief options available to get out of debt. As far as I know this is the first calculator like this. It's free to use. [Click Here]

Legal Friends and Protectors

A number of consumer attorneys stand behind the site as a friend and legal protector of the work we do here. [Click Here]

Find Me on Facebook

About Me

I'll help you get out of debt totally for free. All you have to do is tell me your situation, ask me your question and I'll help you find an honest and truthful solution to resolve your debt and credit situation.

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.